Flex Credits - Cash Payment
Flex credits are countable when the employee can choose to receive a cash payment in lieu of purchasing benefits. Count the greater amount of either of the following:
●The employer established cash value amount of the flex credit.
●The amount remaining after subtracting the cost of the benefits, when the total of the benefits purchased by the employee is less than the flex credit.
Key the flex credits on EAIC using the OT Earned Income Code.
(See Example
Flex Credits 1)